Pakistan back to drawing board with $4B Roosevelt Hotel plan
Pakistan is back to square one with its attempt to sell the multi-billion-dollar Roosevelt Hotel project site. The government’s privatization commission is once again trying to find a broker to help monetize the development site at 45 East 45th Street, just across from Grand Central Terminal — which could be redeveloped into a 1.8 million square foot office tower. The commission put out a call for brokers and financial advisors who have “proven experience of successful completion of similar transactions in [the] New York metropolitan area (more specifically in Manhattan–NYC) or any other metropolitan city of [the] USA,” according to […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Billionaire Kwek Leng Beng’s CDL Outbids Rivals With $422
Million Offer For Prime Singapore Site
Technology Helping Address Construction Labor
Shortage
Pocket listings face another setback as New York advances
crackdown
Brandon Miller’s East Village project lands first office
tenants
Your Pool Is an Asset—It’s Also a Lawsuit Waiting to
Happen
Inside the Search: The Pipes Burst During the Final
Walkthrough. He Bought the House Anyway.
Anyone Can Flip a House After Hearing This
“Un-f*cking-believable”: Actors hired for landlord “zombie”
demonstration say they feel manipulated
Housing Notes: Some streets in the Hamptons just hit
different
Pied-à-terre tax rollout poses enforcement, compliance
hurdles:“Shock to the luxury real estate market”
